Workhorse losses grow as stock surges, production ramps up
Workhorse Group lost a lot of money on paper because new borrowing was tied to its exploding stock price. But it has the cash on hand to build electric trucks into 2022.
Workhorse Group lost a lot of money on paper because new borrowing was tied to its exploding stock price. But it has the cash on hand to build electric trucks into 2022.
“Employer groups should not play American ports against one another,” says longshore union leader.
The California Air Resources Board certifies Workhorse’s C-Series electric delivery vans as zero-emission vehicles, clearing the path to qualifying for state-funded customer incentives.
The California Air Resources Board has mandated a percentage of zero-emission Class 8 trucks must be built for sale in California. Darren Prokop’s commentary covers the ins and outs of this regulatory mandate.
With 1 million real-world electric miles, Motiv Power Systems sees growing customer reorders previewing a breakout for battery-powered medium-duty trucks.
Harbor Trucking Association hosts a wide-ranging conversation with West Virginia senator.
Plummeting prices make ExxonMobil’s fuel system-friendly diesel formulation that eliminates additives and reduces NOx emissions a better deal.
By the time it begins limited production of zero-emission Class 8 electric trucks late this year, Volvo will know the pain points because of its ecosystem approach to battery-powered transportation.
Presidential candidate’s Clean Transportation Plan calls for 15% of new trucks to be pollution-free by 2030.
California is proposing to require more ships, including tankers and roll-on, roll-off vessels to use shore power when docked.
Initiative will consider strategies to cut ozone emissions by 2027.
Manufacturers warn clock’s running out on needed clarity for 2021 models.
Navistar is skipping the chase for incentives on demonstration electric trucks to consult with customers on custom-built zero-emission medium-duty models with total cost of ownership rivaling a diesel truck.
GM, Toyota clash with rivals Ford, BMW that are siding with California.
Motiv Power Systems, which converts medium-duty trucks from gasoline to run on zero-emission electricity from batteries, is getting $60 million in equity funding from Winnebago Industries Inc. and a private holding company in Colorado.
Anheuser-Busch is one of the biggest customers in line for hydrogen-powered fuel cell electric trucks from Nikola Corp., iNow, it is jumping into California’s electric truck demonstration race with 21 BYD battery-electric beer delivery trucks.
As California tightens trucking emissions, natural gas seen as most viable in market currently.
California moved as expected Friday, Sept. 20, to sue the Trump administration over stripping its waiver to set tougher emissions standards for passenger cars and light-duty trucks than the federal government.
Volvo Trucks North America (VTNA) is on track to deliver five Class 8 VNR electric trucks to California for its multi-partner Low Impact Green Heavy Transport Solutions (LIGHTS) program before the end of the year, but the infrastructure to charge them may be lagging.
Greenhouse gas regulations are the sticks and incentives are the carrots in driving the heavy-duty truck and commercial vehicle industry to embrace electrification.